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Today’s Retail News
The luxury fashion retailer, The Webster, is set to open three new locations by the end of 2024, in a strategic partnership with Simon, a global leader in retail real estate.
As ecommerce continues to grow, so does the number of returns made by customers. Understanding the state of ecommerce returns is crucial for any business looking to maximize profits and minimize losses.
ASOS, a prominent online fashion retailer, has recently faced significant financial challenges, with its stock becoming the UK’s worst-performing in 2022 after plummeting by 78%.
Brooklyn’s experiential concept store, HOUSE OF SHOWFIELDS, recently announced the arrival of over twenty new brands to its Williamsburg location.
Category killers have been around for decades, but their impact on local businesses and the retail industry as a whole has only become more apparent in recent years.
Off-price retailing is a growing trend in the retail industry. It offers customers an opportunity to buy high-quality merchandise at lower prices compared to regular retail stores.
Chanel, the iconic French luxury fashion house, has reported a remarkable 17 percent increase in its revenue for 2022, reaching a staggering $17.22 billion.
Ulta Beauty, a leading beauty retailer in the United States, has reported impressive first-quarter results under the leadership of CEO Dave Kimbell.
Kering, a renowned luxury group, has recently opened its new Italian headquarters in the bustling city of Milan.
When it comes to commercial real estate investments, retail buildings can be an excellent way to earn a steady income.
Esprit, the iconic lifestyle brand, has announced the opening of a long-term pop-up space at 130 Greene Street in New York City’s SoHo neighborhood on May 11, 2023.
The leading Chinese ultra-fast fashion company, Shein has recently announced its strategic move to commence garment production in Mexico.
Prada Group announced an enhanced partnership with Adobe to reimagine in-store and digital experiences in real time.
Louis Vuitton is set to debut its first menswear collection under the direction of newly appointed creative director Pharrell Williams.
Soteri Skin, the innovative medical skincare line that uses pH correction to provide long-term relief for sensitive and chronic skin condition sufferers, is excited to announce it will be entering India through an exclusive partnership with Clinikally.
R.e.m. Beauty, the cosmetics brand founded by pop sensation Ariana Grande, has secured a significant investment led by Sandbridge Capital, a consumer-focused private investment firm.
Hudson’s Bay Company (HBC) has announced plans to expand its iconic Zellers brand across Canada, increasing the store’s presence in cities nationwide.
Chinese fast-fashion giant, Shein has reportedly raised $2 billion in its latest funding round, bringing the company’s valuation to an impressive $66 billion.
Bath & Body Works, a global leader in personal care and home fragrance, is set to launch hair products into 560 stores and online.
Adidas has announced plans to sell some of its remaining inventory of Yeezy products, with an initial release scheduled for May 31, 2023.